Crescent Enterprises CEO Badr Jafar said half the fund would be allocated to startup firms in the Middle East and North Africa (MENA).
News, Telecoms
UAE’s Etisalat plans $2 billion buyback
UAE-based telco Etisalat’s shares climbed after it said that it’s planning to buy back stock valued at as much as $2 billion, according to Bloomberg.0 2938
Dubai economy expected to grow ‘3- 4%’ in 2017/18
The Dubai economy is expected to grow by 3-4 percent in the 2017-2018 period, Hamad Buamim, President and CEO of …
Smart Dubai extends Paperless Finance drive
Smart Dubai has expanded its Paperless Finance project to cover various Dubai Government entities, where it will “fully digitise” their …
NMC Healthcare CEO to highlight AI at London summit
The growth operation and management (O&M) model in the healthcare sector will enable healthcare providers around the world to offer …
Alibaba Group acquires controlling stake in China’s Sun Art Retail Group
Alibaba Group is continuing its push into brick and mortal retail and is acquiring a controlling stake in China’s largest …
RTA’s Al Tayer meets Musk for Dubai electric vehicles talks
Tesla and SpaceX CEO Elon Musk met RTA Director-General and Chairman Mattar Al Tayer in LA to discuss the prospects …
Saudi female entrepreneur bags global innovation prize at ‘Top Ten Innovators’
Saudi female entrepreneur, Ghazael Aldossary, working in the petrochemical industry, has been awarded the Merit Prize at Shell LiveWIRE’s ‘Top Ten …
New EWA online portal to go live in Bahrain next month
The EWA portal, which won a ‘Tech Award’ at GITEX 2017 in Dubai back in October, will go live in Bahrain next month, officials announced last week.
Bloomberg: Amazon’s cashierless store nearing launch date
Amazon’s “just walk out” technology to enable a cashierless store has “improved markedly,” according to a Bloomberg source.
Sheikh Mohammed unconcerned by regional tension
High Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai …